Powell: Broad changes likely coming to Basel endgame proposal
Federal Reserve Chairman Jerome Powell said that he expects there will be “broad and material” changes to the proposed Basel ...
Tag: Debit cards
Bipartisan group of lawmakers: Lowering debit fees could harm financial inclusion
A Federal Reserve proposal to lower debit interchange fees could make Bank On-certified accounts too costly for banks to offer ...
Fed’s Bowman shares concerns about data behind debit interchange fee proposal
Federal Reserve Governor Michelle Bowman said that she remained concerned about the data underpinning the Fed’s proposal to further lower ...
From triple threat to total impact
Regulations' cumulative effect on basic banking services.
Research: Fed proposal to lower debit interchange fees will cost consumers billions
If the Federal Reserve’s proposal to reduce the debit interchange fee cap is finalized, consumers will pay an extra $1.3 ...
Fed extends comment period on debit card interchange fee proposal
The Federal Reserve announced that it has extended the public comment deadline to May 12 for its proposal to lower ...
Nichols: Proposed cut to debit card fees will hinder financial inclusion efforts
A proposal to significantly lower the cap on debit card interchange fees threatens to undo the considerable progress banks have ...
Fed community banker council requests withdrawal of debit card proposal
A Federal Reserve proposal to significantly tighten the cap on debit card interchange compensation earned by banks has introduced sustainability ...
ABA, associations seek more time to comment on debit fee proposal
The Federal Reserve should extend the public comment period for its notice of proposed rulemaking to significantly lower the cap ...
Former Fed vice chair: Fed isn’t ‘legally required’ to revisit debit fee caps
The Federal Reserve was not “legally required” to reopen debit card interchange caps and should not have done so, former ...
